Freight Rate Update
Shipping costs and could hardly settle amid a container shortage and tight logistics from November to January while Peak Season Surcharge had started to be applied for loadings from Far East Asia.
Accordingly, freight rates for shipments from China to Turkey spiked $2000-2300 for 20’ containers and $4100-4300 for 40’ containers for January and H1 February. Freight rates from Southeast Asia to Turkey were also up by $2000-2300 for 20’ containers and $4100-4300 for 40’ containers.
Rates from India to Turkey increased by $500 for 20’ containers and $500-600 for 40’ containers.
The following freight rates per container are effective as of January 1, 2021 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
|From||To||Freight (USD/20’ container)||Change||Freight (USD/40’ container)||Change|
|Northwest Europe (ARA)||Turkey||850-950||+100+100||1050-1250||+100+100|
The abovementioned freight rates are valid until February 14, 2021. Price ranges for geographical regions are due to freight variations depending on the port.
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